We worked personally with a lot of great VCs. They just work incredibly hard at supporting entrepreneurs and their companies.
Interpretation
Venture capitalists are dedicated to helping entrepreneurs succeed by providing support and resources.
This quote highlights the commitment and effort that venture capitalists (VCs) put into supporting entrepreneurs and their businesses. It emphasizes that behind the financial investment, there is a significant amount of hard work aimed at nurturing innovation and growth, showcasing the integral role that VCs play in the startup ecosystem.
In practice
A speaker at a startup conference might use this quote to illustrate the value of good mentorship.
People are so bad at driving cars that computers don't have to be that good to be much better. Any time you stand in line at the D.M.V. and look around, you're like, Oh, my God, I wish all these people were replaced by computer drivers.
It's really rare for people to have a successful start-up in this industry without a breakthrough product. I'll take it a step further. It has to be a radical product. It has to be something where, when people look at it, at first they say, 'I don't get it, I don't understand it. I think it's too weird, I think it's too unusual.'
Entrepreneurs say in an economic boom it's actually hard to build a company because everybody's too excited and there is too much money funding too many marginal companies.
I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.
China is very entrepreneurial but has no rule of law. Europe has rule of law but isn't entrepreneurial. Combine rule of law, entrepreneurialism and a generally pro-business policy, and you have Apple.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in.
Success ... seems to be connected with action. Successful men keep moving. They make mistakes, but they don't quit.
The truth is that intelligence, knowledge, and domain expertise are vastly overrated as the driving forces behind competitive advantage and sustainable success.
Be ready to revise any system, scrap any method, abandon any theory, if the success of the job requires it.
Most people would succeed in small things if they were not troubled with great ambitions.
It was not until the end of my freshman year in high school that I thought I could really have a future in track and field. I definitely did not think I could make it to the Olympics back then, though; I was just focused on making it to the state finals!
Don't bring your need to the marketplace, bring your skill. If you don't feel well, tell your doctor, but not the marketplace. If you need money, go to the bank, but not the marketplace.
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